Cordental Group, a portfolio company of New MainStream Capital, has acquired Konikoff Family Dentistry. Financial terms weren’t announced. Konikoff, of Norfolk, Virginia, provides dental care.
Cincinnati, OH, and Norfolk, VA, July, 2017 – CORDENTAL GroupTM (“CORDENTAL”), a portfolio company of New MainStream Capital (“NMS”), announced today that it has affiliated with Konikoff Family Dentistry, Dr. Stephen E. Konikoff, Inc. (“Konikoff”). Dr. Konikoff has been providing high quality dental care to the Norfolk, Virginia area since 1975. The practice has two locations, both located in Norfolk, Virginia.
“We are very excited to affiliate with Dr. Konikoff and his practice,” said Dana Soper, Co-Founder and Chief Executive Officer of CORDENTAL. “Dr. Konikoff has built a great practice with a tremendous support team known for providing high-quality dental care and exceptional customer service in the Norfolk area. We look forward to building upon our positive relationship with Dr. Konikoff and his team,”
Dr. Konikoff commented, “I am excited to be affiliating with CORDENTAL, an organization whose values and culture closely mirror that of my practice. Through this affiliation, we will be able to provide additional resources and have the support services necessary to enhance the care we provide to our patients.”
Steven Jones, Co-Founder and Chief Development Officer of CORDENTAL added, “We are very pleased for Dr. Konikoff’s practice to be the first affiliation of the CORDENTAL platform. Konikoff Family Dentistry exemplifies what CORDENTAL seeks in its practice affiliations; a patient-centric practice led by a high-quality dentist and supported by an excellent clinical team. We look forward to many more fruitful affiliations in the future as we continue to expand CORDENTAL’s service offering and become a leading dental support organization.”
Based in Cincinnati, OH, CORDENTAL Group™ is a dental support organization that provides business support services to affiliated dental practices across the Mid-Atlantic, Midwestern, and Southeastern United States. Founded upon strong guiding principles, CORDENTAL promotes a dentist-centric approach that allows dentists and their teams to concentrate on what they do best – provide the highest level of quality clinical care to their patients. For additional information on CORDENTAL Group™, visit the Company’s website at www.cordentalgroup.com
About New MainStream Capital
New MainStream Capital is a New York headquartered private investment firm specializing in strategic equity investments and leveraged buyouts of lower middle market companies. The Firm was formed through the spin-out of a group of portfolio companies from the Goldman Sachs Merchant Banking Division. NMS focuses on companies headquartered in the U.S. poised to benefit from sustainable growth trends with particular concentration on companies in Healthcare Services and Specialized Business Services. For additional information on NMS, visit the firm’s website at www.nms-capital.com